I've been reading so many negative posts about B&H (I understand why several people are upset) and their new fee structure over the past few days, I felt compelled to inform people that B&H is still a perfect fit for my investing and I'm sure several other investors. I'm no cheerleader, but I still think right now, B&H is the best place for me.

I usually invest between $400-$800 per month. The new fee structure will actually have an interesting advantage for me -- diversification. I had been buying one stock purchase per month under the old system. Since I will be charged $6.99 regardless of whether I make one trade or two, I will probably split my monthly buy between two stocks rather than one. At less than $3.50 a trade, I still think B&H is the best deal for me and my current investing style. I would imagine that there are quite a few people in the same boat, but it seems that the disgruntled customers are the most vocal.

It still remains to be seen whether this new fee structure will help to make B&H profitable, but until I can find a better deal (I'm not a big fan of Sharebuilder) I'm going to stick with them.

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.

Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.